Indiana Gaming Commission Reveal List of Spots Available for Wagering
The release of this list comes shortly after the state’s gaming authority issued retail betting licenses at 10 of 12 casinos operating in the state, and at 3 off-track wagering locations.
Getting Ready to Launch Sports Betting
Although the federal ban on sports betting was lifted in May last year, after the U.S. Supreme Court repealed the controversial PASPA, Indiana made wagering on sports legal a year later. The sports betting proposal managed to pass all legislative obstacles this spring, while Governor Eric Holcomb signed the bill into law in early May.
The state has already expressed its intention to launch sports betting by September 1, which means Indiana will be able to accept bets on NFL from the start of the new football season. However, some believe this date is too optimistic and that casinos will not be ready to go live then.
As we’ve already mentioned, players in Indiana will be able to place bets on football, basketball, baseball, collegiate sports, professional golf, soccer, Olympics (both Summer and Winter), boxing, tennis, UFC, bowling, and professional darts, among others.
According to available information, the Indiana Gaming Commission hasn’t adopted the rules for the state’s sports betting industry. A draft version was revealed earlier this month, while its adoption is likely to take place at a meeting scheduled to take place on August 28.
Betting Rules Need To Be Adopted First
Under the provisions of the draft, placing wagers will be conducted in-person at betting windows at the sportsbooks, or using electronic kiosks in authorized gambling venues. All facilities offering sports betting will display only those sporting events approved for betting by the state’s gaming regulator, along with the matching odds.
The new sports betting law also allows mobile betting, although this activity will not become available at this moment. No exact date has been set, but it is expected to happen at a later stage.
10 casinos have been granted temporary licenses to offer sports betting to their customers, while permanent applications are still being reviewed. Only two casinos doing business in Indiana failed to submit license applications for wagering on sports: Rising Star Casino in Rising Sun and Majestic Star Casino in Gary.
And as we wait for sports betting to kick-off, Caesars Entertainment Corporation announced last month that it planned to upgrade its facilities in Indiana to offer wagering. A year ago, Caesars began the expansion of its Horseshoe Southern Indiana facility, worth $85 million.
In a statement made back in March, Caesars said its plans included the rebranding of the casino as Caesars Southern Indiana, and pointed out it would sports betting to its offering.